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HomeMy WebLinkAbout98-2-5827ORDINANCE NO. 98-2-5827 AN ORDINANCE AUTHORIZING THE MAYOR TO EXECUTE A LOAN AGREEMENT BETWEEN PADUCAH MAIN STREET AND THE CITY OF PADUCAH BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Mayor is hereby authorized to execute an Agreement with Paducah Main Street for a loan in the amount of $25,000.00 for the funding of the Main Street's facade loan program. SECTION 2. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. May ATTEST: j eni Smith, City Clerk Introduced by the Board of Commissioners February 10, 1998 Adopted by the Board of Commissioners February 24, 1998 Recorded by Lent Smith, City Clerk, February 24, 1998 Published by The Paducah Sun, March 3, 1998 \winword\ordinanc\plan\mainst 437